| Read Time: 2 minutes | Cetera Advisors Complaints | News & Articles | Wells Fargo Advisors Complaints |


Adam Marquardt Formerly With Cetera Advisors LLC and Wells Fargo Advisors Financial Network, LLC Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Adam Marquardt formerly with Cetera Advisors LLC?

Adam Marquardt

Adam Marquardt (CRD #5307192) who was formerly registered with Cetera Advisors LLC and located in Rochester, Minnesota, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Cetera Advisors LLC, Adam Marquardt was associated with Wells Fargo Advisors Financial Network, LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Adam Marquardt has had his own regulatory problems. He has been barred by the state of Maryland and all capacities for an indefinite period. FINRA has permanently barred him for many further association with any FINRA member firm in any capacity for failing to cooperate with its investigation into allegations that he deposited cashier’s checks and the client’s accounts in part to cover a certain clients investment losses without the knowledge or authorization by the firm.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

Adam Marquardt Customer Complaints

Adam Marquardt has been the subject of 3 customer complaints that we know about to recover investment losses. One customer complaint resulted in an arbitration award against Wells Fargo Advisors Financial Network for Adam Marquardt’s alleged misconduct.  The other 2 customer complaints were settled by Wells Fargo Advisors Financial Network in favor of the investors.

Allegations Against Adam Marquardt

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Advisor absconded with 530,000 of our $700,000 investment.
  • Unsuitable investment recommendations and master limited partnerships.
  • Violation of Minnesota securities act, misrepresentations, omissions, schemes to defraud and breach of fiduciary duty related to high risk investments contrary to customers stated in investment objectives.

Adam Marquardt Red Flags & Your Rights As An Investor

Of course, Adam Marquardt did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Adam Marquardt at Cetera Advisors LLC or Wells Fargo Advisors Financial Network, LLC on alert to review carefully the activity and performance of their accounts and question whether Adam Marquardt has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisors LLC and Wells Fargo Advisors Financial Network, LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

best investment fraud lawyers

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Cetera Advisors LLC Due To Adam Marquardt

If you have questions about Cetera Advisors LLC and/or Adam Marquardt and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars